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The Asian Affairs > Latest News > Malaysia Economy

Tag Archives: Malaysia Economy

malaysia's economy is falling a big win for tourists for cheap vacations
Malaysia

Malaysia’s Economy is Falling: A Big Win for Tourists for Cheap Vacations

By Noto
February 23, 2024
in :  Malaysia

Malaysia, the Southeast Asian country known for its diverse culture and natural beauty, has been experiencing a sharp economic downturn in recent years, due to the impact of the COVID-19 pandemic, the political instability, and the low commodity prices.  The Malaysian ringgit, the national currency, has depreciated by more than 20% against the US dollar since 2019, reaching its lowest …

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malaysia's economy falls behind from fastest growing asean economy race here's why
Malaysia

Malaysia’s Economy Falls Behind from Fastest Growing ASEAN Economy Race: Here’s Why

By Katherine S
February 1, 2024
in :  Malaysia

Malaysia is a Southeast Asian country with a population of about 32 million and a GDP of about $365 billion. The country is known for its rich natural resources, such as oil, gas, palm oil, and rubber, as well as its diverse and multicultural society.  The country has been a member of the Association of Southeast Asian Nations (ASEAN) since …

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Malaysia Economy slows down
Economy

Covid-19: Businesses grapple with the effects of MCO

By Katherine S
April 27, 2020
in :  Economy, Malaysia

KUALA LUMPUR – The COVID-19 global pandemic and the resulting Movement Control Order to contain the disease could potentially push people to become poorer in 2020. The COVID-19 global pandemic however benefitted the industry of e-commerce and companies selling masks, surgical gloves, ventilators, personal protective equipments and supplying boxes for food deliveries. On the downside, the effects of after almost …

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